Ex-BdL governor released on bail after year in detention
Riad Salameh, former head of Lebanon’s central bank, was arrested over corruption allegations
The former governor of the Central Bank of Lebanon (BdL) has been released on bail after being held on charges of embezzlement and illicit enrichment.
Riad Salameh, who headed the BdL from 1993 to 2023, was freed on bail of $14 million and placed under a travel ban on September 26, according to reporting from Reuters and Associated Press.
The former governor was arrested in September 2024 for allegedly embezzling around $42 million in public funds and illicitly enriching himself by purchasing
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com test test test
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com test test test
More on Governance
Reform UK’s BoE plans dismissed as ‘Trump-lite’
Former Bank of England officials unconvinced by proposals to fire current governor, change MPC and add growth remit
Posen predicts Supreme Court will side with Cook
However, PIIE president tells panel that justices are still likely to undermine Fed independence
Is independence compatible with climate action?
Lessons from China indicate relationship between governments and central banks may need to change, argues Mathias Larsen
RBNZ governor says operational independence is crucial
Hawkesby says central bankers globally are worried attacks on independence will be normalised
Bessent includes former Lehman banker on Fed shortlist
Rick Rieder joins Bowman, Hassett, Waller and Warsh in running to replace Powell
Miran threatens Fed independence and lacks credible analysis, say experts
Economists disagree with governor's assessments of neutral rate and forthcoming inflation
Bailey defends BoE’s internships for black applicants
Governor says internships are open to all, after politicians say programme is “discriminatory”
SNB to open ‘Moneyverse’ in renovated visitor centre
“Interactive experience” will help financial literacy and give “glimpse” into the SNB, central bank says